All over the property market have introduced a new policy, what big action does your city have?

China Paint Network
News: Shanghai Provident Fund personal loan line is brewing to increase, the range may reach 75%, which may indicate a new wave of real estate policy, including first-tier cities, "spring breeze" coming.
yesterday, reporters from the Shanghai Provident Fund Management Center learned that the provident fund increase plan will be discussed in the Municipal Provident Fund Management Committee before the end of March, to determine the final increase and as soon as possible landing. Industry insiders believe that once the amount of provident fund increased, will play a greater role in the release of purchasing power of the property market, and the use of provident fund and other tools, the release of a new wave of policy warm wind, its strength may also exceed expectations.
, the Shanghai Provident Fund loans (including supplementary provident funds) provisions for a single person can lend up to 400,000 yuan, each household can lend up to 800,000 yuan. According to reporters, March 18, Shanghai held a special meeting to discuss the adjustment and increase of housing provident fund loan limit and other matters, provident fund loan limit or will be a one-time substantial increase of 75%, adjusted to a single loan of 700,000 yuan, each household can lend up to 1.4 million yuan. In this regard, the Shanghai Provident Fund Management Committee did not deny the relevant people, and said that it is indeed discussing the study of provident fund loan amount increase program, will step up the promotion of policy landing.
the specific amount of the increase, the Shanghai Provident Fund Management Center said that the final outcome of the discussion will prevail. However, in the same first-tier city of Beijing, it has since January 1 this year, the purchase of policy housing or housing construction area of 90 square meters and below the first set of self-housing provident fund loans from 800,000 yuan to 1.2 million yuan. Shanghai is also likely to be compared to Beijing.
March 20, Housing and Construction Minister Chen Zhenggao stressed that "increasing the amount of provident fund loans" was seen as a new signal of policy warmth. On March 21, the Ministry of Housing and Construction also held a national teleconsecond, calling on all localities to further strengthen the management of housing provident funds and improve the efficiency of the use of funds. Chen Zhenggao said that housing provident fund is a major livelihood project, all over to explore the huge potential of housing provident fund, with good use of adequate housing provident fund.
can be foreseen, under the Ministry of Housing and Construction's set tone, the real estate market a new round of policy warm wind is coming, and provident fund policy will become a big weapon. In fact, there are already many places to relax the provident fund policy first, in addition to raising the loan limit, lowering the down payment threshold is another way to relax. On March 18, Guangzhou announced that the down payment on the purchase of the first self-housing unit of less than 90 square meters through the provident fund could be reduced to 20%. March 16, Jinan City issued a notice, the first set of self-housing has been cleared purchase loans, in order to improve living conditions to buy two sets of ordinary commercial housing applications for the use of housing provident fund loans, the implementation of the first house provident fund loan policy, that is, the purchase of 90 square meters (inclusive) of the down payment ratio of commercial housing is 20%.
most notable is Fujian Province's March 19 release of the "Seven Articles" - "Several Opinions on Stabilizing Housing Consumption to Support rigid housing demand", which is seen as the first wave of local support policies this year. Among them, "Seven" on the first suite, the first house to relax the identification, in addition to the purchase of villas, individuals to buy the first house, the first house (including first-hand housing and second-hand housing), regardless of their size, can enjoy the first home related preferential policies;
fact, from January and February real estate data, the opening year sales situation is worrying, which is also the release of a new wave of policy warm wind background reasons. According to statistics bureau data, in January and February, the national real estate investment growth rate, sales, land and other indicators fell across the board. Among them, the country's commercial housing sales area of 87.64 million square meters, down 16.3% YoY, commercial housing sales of 597.2 billion yuan, down 15.8%. Sources said that the high-level is paying close attention to the property market, asked the Ministry of Housing and Construction and other relevant ministries to study countermeasures, do a good job of policy reserves, stabilize the real estate market. Among them, the relaxation of the provident fund policy, the reduction of the down payment ratio of commercial loans for second homes, etc., will be regarded as an important option for the reserve policy.
" provident fund policy is even more significant for Shanghai. First-tier cities can not relax the purchase limit for the time being, provident fund is a large tool available in the hands of the local, and the effect is very good. Yang Hongxu, vice president of Yili Real Estate Research Institute, said that commercial loans are vulnerable to the interests of the major banks themselves, it is difficult to act in a unified way, even if the government has the heart to support housing consumption, commercial banks may not cooperate. And the provident fund is controlled by the government, easy to implement, once the down payment threshold is lowered, and significantly increase the loan limit, will provide buyers with greater credit support, save a lot of interest, conducive to the release of rigid housing demand. The Provident Fund New Deal will be the preference of local governments in 2015.